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Latest news about ASK Automotive

ASK Automotive Reports Robust Q2 FY26 Performance with 19.5% EBITDA Growth 4 days ago

ASK Automotive Limited achieved its highest-ever quarterly revenue, EBITDA, and PAT in Q2 FY26. The company reported YoY growth of 8.50% in revenue, 19.50% in EBITDA, and 18.60% in PAT. EBITDA margin improved by 124 bps to 13.40%. All three product segments showed growth, with Advanced Braking Systems up 10%, Aluminum Light Weighting Precision Solutions up 22%, and Safety Control Cables up 2%. Export revenue declined due to geopolitical issues. The company commissioned a 9.90 MW solar plant and is installing an additional 11.55 MW plant, demonstrating commitment to sustainability. Management remains optimistic about future growth, supported by GST 2.0 reforms and favorable market conditions.

ASK Automotive Clinches India's Best Managed Companies 2025 Award by Deloitte 7 days ago

ASK Automotive Projects 14-16% Revenue Growth for FY26, Maintains Strong EBITDA Margins 9 days ago

ASK Automotive Reports Strong Q2 Performance with 16.6% Revenue Growth and Record Quarterly Profits 9 days ago

ASK Automotive's President & CMO Prashant Kumar Gupta Steps Down Sep 09, 2025

More news about ASK Automotive

27Aug 25

ASK Automotive Anticipates Record Two-Wheeler Sales Boost from GST 2.0 Reforms

ASK Automotive's Chairman Kuldip Singh Rathee expresses optimism about upcoming GST reforms, expecting significant benefits for the two-wheeler segment. The company's aftermarket business, currently generating Rs 400 crore in revenue, is poised for growth with potential GST rate reduction from 28% to 18%. Despite recent challenges in the two-wheeler market, including price increases from Rs 60,000 to Rs 90,000, Rathee anticipates sales surpassing 2018-19 levels this financial year. ASK Automotive aims for mid-teens growth and improved EBITDA margins, outperforming industry growth at 11.10% compared to 0.70%.

02Aug 25

ASK Automotive Reports 11.1% Revenue Growth and 183 bps EBITDA Margin Improvement in Q1

ASK Automotive Limited delivered a robust Q1 performance with 3.5% consolidated revenue growth and 11.1% core business growth. The company outperformed the two-wheeler industry's 0.7% production volume increase. All three business segments showed positive growth. Profitability improved significantly with EBITDA growing 19.3% and PAT increasing 16.3%. The new Bangalore facility achieved positive EBITDA in its first full quarter. Despite flat export revenue, the company maintains a 20% year-on-year export growth target. ASK Automotive announced a Rs. 450.00 crore CAPEX plan and entered a joint venture for sunroof cables production, expanding into the passenger vehicle segment.

29Jul 25

ASK Automotive Reports Strong Q1 FY26 Performance, Eyes Export Growth and EV Expansion

ASK Automotive Limited, India's largest manufacturer of brake shoes and advanced braking systems for two-wheelers, reported robust Q1 FY26 results. Consolidated revenue grew 3.5% YoY to ₹895.00 crore, with 11.1% growth excluding the reduced wheel assembly business. EBITDA increased 19.3% to ₹123.00 crore, and PAT rose 16.3% to ₹66.00 crore. The company achieved its highest quarterly EBITDA margin of 13.8%, up 183 basis points from Q1 FY25. Growth was seen across key business verticals. ASK Automotive is focusing on export growth, EV expansion, and premium product offerings to drive future profitability.

29Jul 25

ASK Automotive Reports Robust Q1 Results with 19.3% EBITDA Growth

ASK Automotive Limited, India's leading manufacturer of brake shoes and advanced braking systems for two-wheelers, announced robust Q1 financial results. Consolidated revenue grew by 3.5% year-over-year to ₹895.00 crore, with core business segments showing significant growth. EBITDA increased by 19.3% to ₹123.00 crore, with margins expanding to 13.8%. Net profit rose 16.3% to ₹66.00 crore, resulting in an EPS of ₹3.35. The company's performance was driven by increased production volumes, higher capacity utilization, and ongoing cost optimization initiatives. Management expressed confidence in maintaining this growth trend and gradually improving EBITDA margins in future quarters.

26Jun 25

ASK Automotive Expands Product Line with T.D. Holding GmbH Partnership

ASK Automotive has entered into an agreement with T.D. Holding GmbH, a German company, to manufacture and sell sunroof control and helix cables for automobiles. This partnership aims to expand ASK Automotive's product portfolio in the automotive components sector, potentially opening new avenues in domestic and international markets. The collaboration focuses on producing crucial components for vehicle sunroofs and various automotive systems, aligning with the growing demand for advanced features in modern automobiles.

25Jun 25

ASK Automotive Forms Strategic Joint Venture with Germany's TD Holding GmbH for Automotive Cable Production

ASK Automotive has approved a joint venture agreement with TD Holding GmbH to manufacture and market sunroof control cables and helix cables. ASK will hold a 49% stake in the venture, investing a total of ₹2.45 crore with an initial infusion of ₹49.00 lakh. This strategic partnership aims to diversify ASK's product portfolio and tap into the growing market for advanced automotive components, particularly in vehicle electronics and interior systems.

14May 25

ASK Automotive Sets Ambitious Growth Targets for FY26

ASK Automotive has announced its FY26 growth plans, targeting mid-teens revenue growth and a 150 bps increase in EBITDA margin to 14%. The company plans to invest ₹450 crore in capital expenditure and aims to boost export revenue from ₹147 crore to ₹250 crore. A new export order worth ₹75 crore has been secured. The company is optimistic about the recovery in the two-wheeler segment.

13May 25

ASK Automotive: Q4 Profit Rises 21%, Declares Dividend

ASK Automotive announced strong Q4 FY2023 results with a 20.5% year-over-year increase in consolidated net profit to ₹57.60 crore. Revenue grew by 8.6% to ₹849.70 crore, and the EBITDA margin expanded to 12.20%. The company's board declared a final dividend of ₹1.50 per equity share for FY25.

04Mar 25

ASK Automotive's Stock Hits 5% Upper Circuit on Strategic Partnership with Japan's KYSK for High-Tech Two-Wheeler Alloy Wheels

ASK Automotive Limited has entered into a Technical Assistance and License Agreement with Kyushu Yanagawa Seiki Co., Ltd. (KYSK) of Japan to produce high-pressure die-cast alloy wheels for two-wheelers. The partnership aims to expand ASK's product portfolio and leverage KYSK's technical expertise. The announcement led to a 5% surge in ASK Automotive's stock price, hitting the upper circuit limit. The agreement involves a one-time initial royalty payment and ongoing running royalties.

03Mar 25

ASK Automotive Inks Technical Assistance Deal with Kyushu Yanagawa Seiki for Cast Wheel Production

ASK Automotive Limited has entered into a Technical Assistance and License Agreement with Kyushu Yanagawa Seiki Co., Ltd. (KYSK) for cast wheel production. KYSK will provide technical know-how for manufacturing high-pressure die-casted alloy wheels for two-wheelers, targeting a specific Japanese customer. The perpetual agreement covers the Indian market and involves initial and ongoing royalty payments. This collaboration aims to enhance ASK Automotive's product quality, technological capabilities, and market position in the automotive components sector.